East West Avenue LLC 4

What Happened

• East West Avenue LLC, the sponsor of East West Ave Acquisition Corp. (EWAV) and a reported 10% owner, acquired 192,500 private units in a private placement simultaneous with the issuer's IPO. Each private unit consisted of one share of common stock and one private right to receive 1/4 of a share. The private units were purchased at $10.00 per unit (total = $1,925,000).
• The filing also reports the accompanying derivative interest: 192,500 private rights that, in total, represent the right to receive 48,125 shares (192,500 × 1/4) upon the occurrence described below. This is a purchase (acquisition) rather than a sale.

Key Details

• Transaction date: July 31, 2026; Form 4 filed August 3, 2026 (timely).
• Purchase price: $10.00 per Private Unit (per Form S-1), total cash paid ≈ $1,925,000. Form 4 shows N/A for price on the separate entries; see footnote for S-1 detail.
• Holdings after transaction (as reported in footnotes): 192,500 common shares (via the Private Units) plus private rights convertible into 48,125 additional shares upon conversion.
• Notable footnotes: F1 = Sponsor is the record holder; F2–F4 describe the Private Units, the 1/4-share private rights, and that each private right automatically converts into 1/4 share upon completion of the issuer’s initial business combination.
• Insider type: 10% owner / sponsor (institutional sponsor), not an individual executive.

Context

• The derivative interest reported is a private right tied to the Private Units, not an option exercise or market trade; those rights will convert into common shares only upon the completion of the company’s initial business combination.
• Sponsor purchases in a SPAC context are routine (part of the sponsor structure) and differ from individual insider purchases when interpreting sentiment. This filing documents the sponsor’s unit purchase tied to the IPO/private placement.